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and the unimaginable damage from superstorm sandy and more. >>> we'll start with another winter storm getting ready to wallop a large swath of the country. maria larosa has the details. >> it places like arkansas just a few days ago under blizzard warnings. now we're talking about freezing rain advisories. also, the winter weather advisories. you see the advisories stretch back into the ohio valley, back into the northeast. that's basically the trail of the snow with this next system. so over the next 24 to 48 hours we'll see it develop. it will continue through the south with thunderstorms and showers. not to the extent of the severe weather with the last round, but you can see enough cold air you start to see the snow develop from ohio to pennsylvania. moving into d.c. overnight tonight, into philadelphia and new york by saturday morning and on up into boston by saturday afternoon. it's a quick mover. generally speaking, the snow totals will be on the light side. we'll start in the next 24 hours. ohio valley, indianapolis, you could end up with an additional 3 to 6 inches of snowfall. as it moves
superstorm sandy. neighborhoods along the northeast swept away, millions without power and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending some money to fix it. >> number five, china. is china slowing or is china leading the world? we do know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china. >> china. >> china. >> china also getting more than a few mentions during the presidential campaign, probably because it's pretty clear that china is both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally, finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well-healed investors began buying entire neighborhoods, but first-time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty down paym
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